9:39 PM,
Jul. 15, 2013

The proposed measure would fund improvements in the Fountain Square district around its iconic Theatre Building.

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A City-County Council committee tonight endorsed, for the second time, a proposal to create a Fountain Square economic improvement district.

The Fountain Square measure would require nonresidential property owners, including tax-exempt entities, to pay an assessment into a fund to cover beautification efforts, neighborhood promotion and improvements intended to boost business in the neighborhood. It would raise more than $50,000 a year for five years.

After hearing testimony from opponents of the new tax, the council's Metropolitan and Economic Development Committee approved ...